Bank of Industry (BOI)/Central Bank of Nigeria (CBN) Intervention Fund /Loan Application Form Portal 2023
Have you heard of the Bank of Industry (BOI) and Central Bank of Nigeria (CBN) Intervention Fund/Loan application? Are you in search of the BOI/CBN Loan/Intervention Registration form and portal? Do you seek guidelines on how to apply for the ongoing BOI/CBN Loan and intervention fund 2023?
BOI/CBN Intervention Fund 2023/2024
The BOI/CBN Intervention Fund is divided into two;
N235 Billion CBN Intervention Fund for Manufacturing Re-Financing And Restructuring Facilities Of Banks’ Loans.
These Guidelines relate to the N235 billion intervention fund for re-financing and restructuring of banks’ loans to the manufacturing sector (The Fund).
The objectives of the Fund are to:
- Fast-track the development of the manufacturing sector of the Nigerian economy by improving access to credit to manufacturers.
- Improve the financial position of the Deposit Money Banks (DMBs).
- Increase output, generate employment, diversify the revenue base, increase foreign exchange earnings, and provide inputs for the industrial sector on a sustainable basis.
N300 Billion CBN Power and Airline Intervention Fund (PAIF)
The objectives of the Fund are to:
- Fast-track the development of electric power projects, especially in the identified industrial clusters in the country;
- Fast-track the development of the aviation sector of the Nigerian economy by improving the terms of credit to Airlines;
- Improve power supply, generate employment, and enhance the living standard of the citizens through consistent power supply;
- Provide leverage for additional private sector investments in the power and aviation sectors.
How to Apply For NG CARES Stimulus Programme 2023/2024 grant of 750 million
How to Apply for the BOI/CBN Intervention Fund 2023/2024
To begin the application for the BOI/CBN Loan 2023, applicants are to visit www.boi.ng/cbn-intervention-fund/
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